UL Solutions ULS Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Total by Business | ||||||
| Consumer | $44M+15.8% | $37M+8.8% | $39M+11.4% | $39M-7.1% | $38M-19.1% | |
| Industrial | $50M-43.2% | $50M-47.9% | $60M-31.8% | $70M-6.7% | $88M+44.3% | |
| Revenue by Business | ||||||
| Consumer | $1.33B+6.1% | $1.32B+6.5% | $1.29B+5.8% | $1.27B+6.5% | $1.26B+6.2% | |
| Industrial | $1.41B+8.4% | $1.37B+9.5% | $1.35B+10.6% | $1.32B+10.9% | $1.3B+10.9% | |
| Operating Income (Loss) by Business | ||||||
| Consumer | $126M+5.9% | $118M+3.5% | $128M+20.8% | $121M+89.1% | $119M+102% | |
| Industrial | $404M+16.8% | $386M+14.2% | $373M+18.0% | $359M+14.7% | $346M+11.6% | |
| Services and materials by Business | ||||||
| Consumer | $353M+5.7% | $346M+4.5% | $346M+7.3% | $341M+6.2% | $334M+3.9% | |
| Industrial | $298M+4.6% | $293M+6.9% | $293M+12.7% | $287M+12.1% | $285M+14.9% | |
| Employee compensation by Business | ||||||
| Consumer | $746M+2.8% | $749M+4.8% | $742M+4.7% | $735M+5.1% | $726M+5.5% | |
| Industrial | $640M+3.9% | $629M+5.7% | $626M+7.4% | $621M+8.7% | $616M+10.0% | |
| D&A by Business | ||||||
| Consumer | $83M+5.1% | $81M+2.5% | $79M+1.6% | $79M+3.3% | $79M+5.0% | |
| Industrial | $58M+11.5% | $58M+23.4% | $57M+34.1% | $56M+40.0% | $52M+31.6% | |
| Goodwill by Business | ||||||
| Consumer | $934M+2.4% | $930M+2.1% | $921M+0.5% | $919M— | $912M— | |
| Industrial | $1.45B+6.3% | $1.42B+5.8% | $1.38B+4.4% | $1.38B— | $1.36B— | |
| Revenue by Product | ||||||
| Certification Testing | $873M+9.5% | $851M+8.5% | $827M+7.1% | $809M+8.2% | $797M+8.7% | |
| Non-certification Testing and Other Services | $917M+5.5% | $911M+5.9% | $900M+6.4% | $885M+6.2% | $869M+5.5% | |
| Ongoing Certification Services | $1.03B+6.3% | $1.01B+5.6% | $995M+7.5% | $981M+8.4% | $965M+8.7% | |
| Software | $290M+5.8% | $285M+4.4% | $281M+3.7% | $276M+0.7% | $274M0.0% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does UL Solutions break its business down?
- UL Solutions (ULS) reports total by business across 3 parts — Consumer, Industrial and Risk & Compliance Software. Each is extracted from the segment footnotes and tracked over time.
- Where does UL Solutions's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in UL Solutions's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
